With 1,788 homes sold in April, representing a 29 per cent increase and a five month high, Singapore is emerging as a safe destination for investment. Unaffected by the devastating earthquake in Japan and far away from the political revolt sweeping the Middle East, Singapore is seeing home prices reach record highs.
With an annual growth rate projected at 23.5 per cent after the first three months of this year, the Singaporean government began to enact new rules and regulations to cut back speculation..............................................Full Article: Source